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850880 (Harmonized System 1992 for 6-digit)

2022
World Trade $14.9BRnk 244 / 4648
2022
Top Exporter | Top Importer $6.63B | $3.95BChina | United States
2022
Product Complexity 0.98Rnk 789 / 4653
2021 - 2022
Export Growth (CAGR) -4.77%Rnk 3553 / 4648
2022
Share of World Trade 0.063%Rnk 244 / 4648

About

Overview This page contains the latest trade data of Tools, hand-held, with electric motor, not drills/saw. In 2022, Tools, hand-held, with electric motor, not drills/saw were the world's 244th most traded product, with a total trade of $14.9B. Between 2021 and 2022 the exports of Tools, hand-held, with electric motor, not drills/saw decreased by -4.77%, from $15.7B to $14.9B. Trade in Tools, hand-held, with electric motor, not drills/saw represent 0.063% of total world trade.

Tools, hand-held, with electric motor, not drills/saw are a part of Vacuum Cleaners.

Exports In 2022 the top exporters of Tools, hand-held, with electric motor, not drills/saw  were China ($6.63B), Germany ($1.6B), Vietnam ($959M), Mexico ($848M), and United States ($528M).

Imports In 2022 the top importers of Tools, hand-held, with electric motor, not drills/saw were United States ($3.95B), Germany ($1.51B), France ($817M), Canada ($598M), and United Kingdom ($503M).

Ranking Tools, hand-held, with electric motor, not drills/saw ranks 789th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tools, hand-held, with electric motor, not drills/saw. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$6.63B
Top Destination (2022)United States$3.95B

In 2022 Tools, hand-held, with electric motor, not drills/saw were the world's 244th most traded product (out of 4,648).

In 2022, the top exporters of Tools, hand-held, with electric motor, not drills/saw were China ($6.63B), Germany ($1.6B), Vietnam ($959M), Mexico ($848M), and United States ($528M).

In 2022, the top importers of Tools, hand-held, with electric motor, not drills/saw were United States ($3.95B), Germany ($1.51B), France ($817M), Canada ($598M), and United Kingdom ($503M).

Explore Visualizations

Exporters of Tools, hand-held, with electric motor, not drills/saw (2022)
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Importers of Tools, hand-held, with electric motor, not drills/saw (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$339M
Top Destination Growth (2021 -  2022)Vietnam$36.1M

Between 2021 and 2022, the exports of Tools, hand-held, with electric motor, not drills/saw grew the fastest in Vietnam ($339M), Spain ($119M), United States ($59.9M), Austria ($58.8M), and Malaysia ($38.9M).

Between 2021 and 2022, the fastest growing importers of Tools, hand-held, with electric motor, not drills/saw were Vietnam ($36.1M), India ($27.7M), Italy ($26.9M), Singapore ($24.1M), and France ($21.8M).

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Exporters of Tools, hand-held, with electric motor, not drills/saw (2021 - 2022)

Importers of Tools, hand-held, with electric motor, not drills/saw (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tools, hand-held, with electric motor, not drills/saw.

In 2022, market concentration measured using Shannon Entropy, was 3.37. This means that most of the exports of Tools, hand-held, with electric motor, not drills/saw are explained by 10 countries.

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Value of Exports in Tools, hand-held, with electric motor, not drills/saw

Net Trade

TOP NET EXPORTER (2022)China$6.48B
TOP NET IMPORTER (2022)United States$3.42B

This map shows which countries export or import more of Tools, hand-held, with electric motor, not drills/saw. Each country is colored based on the difference in exports and imports of Tools, hand-held, with electric motor, not drills/saw during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Tools, hand-held, with electric motor, not drills/saw were China ($6.48B), Vietnam ($831M), Mexico ($666M), Malaysia ($285M), and Hungary ($235M).

In 2022, the countries that had a largest trade value in imports than in exports of Tools, hand-held, with electric motor, not drills/saw were United States ($3.42B), France ($604M), Canada ($558M), Australia ($438M), and United Kingdom ($386M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Tools, hand-held, with electric motor, not drills/saw.
It is possible to select the main countries that export or import Tools, hand-held, with electric motor, not drills/saw in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tools, hand-held, with electric motor, not drills/saw by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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